ACME United (ACU) COO exercises 20,000 options with 15,204 shares withheld
Rhea-AI Filing Summary
ACME United Corp President and COO Brian Olschan exercised employee stock options for 20,000 shares of Common Stock at $24.92 per share. To cover tax obligations, 15,204 shares were disposed of at $43.21 per share through share withholding, not an open-market sale. After these transactions, he directly holds 61,209 Common shares and 241,700 employee stock options.
Positive
- None.
Negative
- None.
Insights
Routine option exercise with tax withholding, no open-market trade.
Brian Olschan, President and COO of ACME United Corp, exercised employee stock options covering 20,000 shares at $24.92 per share. This converts part of his derivative compensation into outright share ownership.
To satisfy tax obligations, 15,204 shares were delivered at $43.21 per share via share withholding, a mechanistic disposition rather than a market sale. The filing notes the exercise was on a net share settlement basis.
Following the transactions, Olschan holds 61,209 Common shares and 241,700 remaining employee stock options. The pattern reflects routine compensation activity instead of discretionary buying or selling, and there is no indication of a Rule 10b5-1 trading plan in the provided excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option | 20,000 | $24.92 | $498K |
| Exercise | Common Stock | 20,000 | $24.92 | $498K |
| Tax Withholding | Common Stock | 15,204 | $43.21 | $657K |
Footnotes (1)
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